v Solution Explanation See Hint Suppose the price level for the country above was 110 in 2014 and 115 in 2015. Also, suppose nominal GDP in 2014 was $13,974 billion and nominal GDP in 2015 was $17,937 billion. Which of the following statements is not correct? Choose one: O A. The economy experienced positive growth from 2014 to 2015. O B. The growth rate in real GDP was approximately 22.3% from 2014 to 2015. O C. The economy experienced inflation from 2014 to 2015. O D. The inflation rate was almost 8% from 2014 to 2015